thanks. [ phillips' lady ] live the regular life. phillips'. >> live from america's news headquarters, i'm heather chilleder. here we go again. more snow is headed toward the northeast, where a major winter storm already dumped several inches in. two powerful systems are hitting the east coast by today. states from south carolina to new york already have issued severe weather warnings. and as america deals with a fiscal crisis, france is facing its own battle. a high court just throwing out a plan to tax the wealthy at 75%, saying it's unfair. it was a measure president francois hollande would help cut the deficit budget. the court took issue with not with the tax, but taxing household equally. and for the latest headlines log onto foxnews.com. you're watching the most powerful name in news, fox news channel. >> paul: welcome back to this special he edition, journal he had t.editorial report. and this year continued high unemployment and slow economic growth. what can we expect in 2013? we're back with dan henninger, mary anastasia o